Computer Programs & Systems (CPSI) Misses Q3 EPS by 15c

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Leerink Partners Cuts Price Target on Computer Programs & Systems (CPSI) Following Weak 3Q

November 4, 2016 7:13 AM EDT

Leerink Partners maintained a Market Perform rating on Computer Programs and Systems (NASDAQ: CPSI), and cut the price target to $25.00 (from $26.00), following the company's 3Q earnings report. Total revenue of $64.7M was down ~6% q/q and missed the Consensus estimates at $67.7M. Non-GAAP EPS of... More